Related Words

Passive Activity Loss (PAL): A loss incurred in participating in passive investing.

Passive Portfolio Strategy: A strategy that involves minimal expectational input, and instead relies on diversification to match the performance of some market index. A passive strategy assumes that the marketplace wil . . . View Full Definition

Passive Portfolio: A market index portfolio.

Passive Matrix: An older form of LCD (liquid crystal display) technology that processes pixels using row-and-column formatting. This type of formatting produces slower responce times and lower contrast rati . . . View Full Definition

Passive Losses: You have passive losses from businesses in which you aren't an active participant. These include limited partnerships, such as real estate limited partnerships, and other types of activities . . . View Full Definition

Passive Radiator: A type of bass reflex speaker enclosure that includes a 'passive' woofer in addition to the main woofer. The passive woofer isn't powered, but moves in response to changes in air pressure in . . . View Full Definition

Passive Transport: Diffusion across a plasma membrane in which the cell expends no energy.

Profit And Loss Account: An account made up of revenue and expense accounts which shows the current profit or loss of a business (ie. whether a business has earned more than it has spent in the current year). Often . . . View Full Definition

Photo Glossary: Y

Phase Alternate Line (PAL): The television broadcast standard in Europe and parts of Asia: (excluding France and Eastern Europe, where SECAM is the standard). PAL signals have 25 frames per second, and so are incompati . . . View Full Definition